Yueying: Bitcoin and Ethereum Market Analysis on October 15

Yueying's strategy only uses precise points, not ambiguous ranges or near-ranges. If you like Yueying, please follow us. Check out today's sharing! Bitcoin Technical Analysis: Bitcoin's short-term long positions above $2,000 have been cashed out. The daily chart shows a bearish candlestick with a lower shadow. The intraday opening is currently range-bound. The Bollinger Bands are narrowing and flattening, with the short-term moving average trending downward. The MACD fast and slow lines are crossing downward, with the volume bar increasing. The KDJ indicator is turning downward again, and the VR indicator is consolidating around 100. On a 4-hour chart, the market tested the lower band before encountering resistance near the middle band. The Bollinger Bands are narrowing and flattening, with the short-term moving average trending downward. The MACD fast and slow lines are turning upward, with the volume bar decreasing and increasing. The KDJ indicator is slightly turning downward, and the VR indicator is consolidating around 70. Overall, the market is still in a period of volatile adjustment. Correction after a sharp drop will take some time. In the short term, it should remain range-bound. Focus on resistance around 115,000 on the upside and support around the lower 4-hour moving average on the downside. See short-term recommendations. Bitcoin short-term recommendations: short at 114,200, long at 110,300 (profits will be taken if the strategy is activated). Technical Analysis: The long strategy mentioned above saw gains of around $200, and the short position also saw gains of nearly $100, demonstrating accurate and flawless execution. The 4-hour moving average is range-bound and expected to break out of this range in the evening. For now, the overall technical analysis can be used in conjunction with Bitcoin. In the short term, focus on resistance below the previous high and support around 4,000. See short-term recommendations. Short-term recommendations: short at 4,228, long at 4,018 (profits will be taken if the strategy is activated). — I'm Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading strategies or trends, please feel free to discuss and learn with me! Let's share and profit together!